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Trump's Proposed ERS Will Fill The US Treasury With Gold

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  • 01/15/2025

Trump's Proposed ERS Will Fill The US Treasury With Gold


President Trump's purported "Extortion Revenue Service," as described in the context of the search results, refers to policies and actions that purportedly aim to increase U.S. Treasury funds through aggressive economic strategies. One significant aspect is Trump's advocacy for tariffs, which have been proposed to raise substantial revenues for the U.S. Treasury. During his first term, Trump imposed tariffs on a range of imports, including from China, which, according to various analyses, led to increased government revenue from these tariffs. For instance, it was suggested that a 20% universal tariff and a 60% Chinese import tax could generate about $4.5 trillion over ten years. This influx of revenue, if realized, could theoretically be used to bolster the Treasury's reserves, including potentially acquiring more gold, positioning the U.S. as a holder of significant treasure in financial terms.
 
Furthermore, Trump's interest in returning to a gold standard or at least promoting policies that increase the U.S. gold reserves has been noted. Discussions around this include using the Treasury's Exchange Stabilization Fund to buy Bitcoin, which indirectly could be seen as a strategy to leverage digital assets for traditional wealth accumulation. Proposals like those from Senator Cynthia Lummis, who suggested acquiring substantial Bitcoin holdings for national reserves, could be part of a broader strategy to diversify and strengthen U.S. financial reserves. The idea here is to not only increase the physical gold reserves but also to incorporate modern financial instruments like cryptocurrencies, which could appreciate in value over time, thus adding to the nation's treasure.
 
The notion of "extortion" in these policies can be interpreted through Trump's approach to trade negotiations, where tariffs were used as leverage, often described as "escalate to de-escalate." This strategy could lead to increased revenue as other countries negotiate trade deals or agree to concessions to avoid or reduce tariffs. However, while these policies might theoretically increase the Treasury's financial heft, the complexity of global trade dynamics, potential retaliatory tariffs, and the economic impacts on U.S. businesses and consumers introduce uncertainties. The actual impact on the Treasury's gold and treasure would depend on how these policies play out in practice, including the balance between short-term revenue gains from tariffs and long-term economic repercussions or shifts in global financial stability.

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Trump's Proposed ERS Will Fill The US Treasury With Gold

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